Imagine you are the auditor in charge and have assigned two assistant auditors to verify the long-term
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Question:
Imagine you are the auditor in charge and have assigned two assistant auditors to verify the long-term liability accounts of Delta Corporation. When they complete the verification process, the assistant auditors report to you that they determined that all long-term liabilities were properly recorded and all recorded long-term liability transactions represent genuine obligations of the company.
For this discussion, explain what steps the assistant auditors should have taken to support their claims.
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